secwatch.observer — SEC 8-K summary
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Issuer:     Borealis Foods Inc. (BRLS)
CIK:        0001852973
Form:       8-K
Filed at:   2026-07-08T20:15:14+00:00
Accession:  0001213900-26-076374
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Borealis Foods receives Nasdaq delisting notice for MVLS below $35M
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- Received Nasdaq notice on July 2, 2026 for failing minimum $35M MVLS over 30 consecutive business days.
- Also fails alternative listing standards under Nasdaq Rules 5550(b)(1) and 5550(b)(3).
- Has 180-day compliance period until December 29, 2026 to regain compliance.
- To regain compliance, MVLS must close at $35M+ for at least 10 consecutive business days.
- If not regained, common shares and warrants subject to delisting; company evaluating options.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1852973/000121390026076374/0001213900-26-076374-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1852973/000121390026076374/ea0297400-8k_borealis.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-076374

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